Skip to main content

About your Search

20121205
20121213
STATION
FBC 26
MSNBCW 3
CNBC 2
KPIX (CBS) 2
MSNBC 1
LANGUAGE
English 44
Search Results 0 to 43 of about 44 (some duplicates have been removed)
and senator harry reid made some comments this afternoon that put a damper on that real. we've lost about 30 points. in that time. up 74 on the dow at 13,244. the nasdaq is doing well today, up 32 points. more than a 1% gain, although it is off its highs of the day at 3019, and the s&p 500 index is 8 plus points at 1426. the word on the street is because of the fiscal cliff, some investors are actually selling the winners, the winning stocks, and they are holding on to the poor performers, the opposite what have they have been doing the last few years. maria? >> makes a lot of sense given the fact that tax les go higher on capital gains. you want to get out of some of those names. let's find out how you should be investing 20 days away from the deadline. in today's "closing bell" exchange, carol roth with us, rich peterson from is & p, jonathan corpina from meridian equity partners and our own rick santelli. good to see you all. jonathan, we'll kick this off with you. what's the right strategy going into these negotiations and going into year end? >> running out of time at this point, and as
for that and that shouldn't change. harry reid feels differently. and the president feels differently. >> the president is right to say this is an extreme measure and was used irresponsibly last year. just to clarify and tellyear. the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create budget and there are congress and committees. things are supposed to go through both houses and get voatds on. i think this is going outside the democratic process. the republican numbers went down much more than barack obama's did last year. i think they have to be careful about what they are doing here. >> i think the reason simon doesn't like it is because it gives the republicans leverage to force the president to deal with the debt. the president has as much chance of succeeding as you have of getting john bolton to cry on your show. megyn: i think i can do it. a challenge? >> i bet you can. in the last 27 years, ev
reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks. he cannot decide who the quarterback is going to be. that is the same problem republicans are having. romney is gone, but he is still in the background. we have mcconnell and boehner. who is the quarterback, mr. president? gerri: what do you make of that analogy? >> well, that is a football analogy. we'll do that from time to time, but the reality is the speaker of the house is the speaker. the house is the majority republican, and if he is going to advance that way, that is probably in order. senator mcconnell is involved, i'm sure talking with boehner about these issues. he always has been, but you have to have the spokesman, somebody to talk to. the president is absent up here, and i hope he will come to the table. i hope we can avoid it, but a lot of it is going to ultimately be on the president's watch. gerri: i have to tell you, there are other people mia. most of the house is gone on vacation. the senate is spending all this time
. as senate majority leader harry reid admitted yesterday. but in an interview with barbara walters, president obama predicted that republicans would eventually give in on taxes. >> the most important thing we can do is make sure the middle class taxes do not go up on january 1st, and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction. are you going to be able to raise taxes, yes or no? >> oh, taxes are going to go up one way or another. >> oh, they are? >> and i think the key is to make sure that taxes go up on high-end individuals like you and me, barbara. we can afford it. it is entirely possible for us to come up with a deal, but time is running short. >> now, the president went on to say that if republicans can move on taxes, he's prepared to do "some tough things" on the spending side. >>> controversial right-to-work measures will soon be the law of the land in michigan. republican governor rick snyder signed the measure yesterday, despite widespread protests by the labor union at the state
power structure? majority leader, harry reid. >> they can't decide what they're going to do. we have heard about the infighting going on with the house leadership, boehner is having trouble finding help from his leadership as to what they're to do. >> according to senator reid, the battle is between boehner and congressman kevin mccarthy, eric cantor, and one paul ryan. ho, ho, ho. let's get right to our panel. with me here in washington is msnbc political analyst david corn, and in new york msnbc political analyst professor michael eric dyson. david, can i start with you? the president began with, o come all ye faithful, and now we have speaker boehner singing in the bleak winter. how far does the president have to go to give boehner something that helps boehner go to his caucus and say let's just do our deal. >> you want someone to be singing "i'll be home for christmas." >> there you go. >> first, it's nice to see you in d.c. >> it's a great pleasure. >> we have this little bubble of optimism in the conventional media the past few days. although they're talking, they're not saying
: agree to raise taxes. >> now. his thing. mitch mcconnell tried to get the senate, harry reid to vote on the president's plan and harry reid said no. democrats are calling it a stunt. this is the president's plan we can raise taxes on rich and you don't have to cut spending and you can do all the things that he wants to do, and they don't want that to come to a vote. there might be something there. i'm thinking that might maybe make him on it and let the chips fall where they make. elections have consequences. at that right now. lou: i think we all agree about consequences. certainly. your thoughts on this? does it look to you right now like we are going to avoid this fiscal cliff? the president, but the brilliant idea? it's interesting how he does this. he initiates an ultimatum and the goes passive aggressive on everyone and withdraws from the field. it's really a bizarre and intriguing strategy which obviously has completely confounded republican leaders. >> yes, and the polls show that the american people are proud and -- probably going to blend republicans now matter what happens
senator harry reid is trying to arrange a vote on the debt ceiling in the senate on the floor today at 2:00 eastern time, an hour and 15 minutes from now. this is very strange. here's what harry reid said. he said, quote, senator mcconnell made a serious offer today to me with regards to the debt ceiling, a deal on the debt ceiling. i want a vote on it this afternoon. very strange but interesting, intriguing turn of the events. dennis: if you are harry reid and you run the senate and democrats controlled the senate you do not accept mcconnell republicans's proposal unless you get the outcome you want. they want the debt ceiling raised. mcconnell doesn't offer this unless he wants the death ceiling aised to remain a big uncertainty to work out a clip. cheryl: this news from one of our producers out of washington and this is just breaking right now so we will continue to follow this news out of the ec and get more details. cheryl: dennis: we will see the dow turned around on some optimism because having democrats and republicans working together at all on anything at this point seems like
to harry reid urging a delay that the medical device industry has given little guidance. obama and speaker boehner meeting face-to-face over the fiscal cliff. they're not sayinn what they talked about as the "a team" joins us next. lou: the joining me now the "a team" special assistant to the george bush ron christie, and pulitzer prize winning journalist never an assistant to george w. bush of love and president morsi says the rescinded his powers to arrested a civilian industry? >> good news tonight. he knowledge he had to make a concession that doesn't matter in the long run. it is all about the referendum for the islamist constitution. >> he has not backed away. lou: giving the obama administration, john negroponte e giving support do you agree things are better than six months ago? >> here i have to agree they acknowledge immorality. egypt is going in a bad direction. there is nothing we could have done. >> egypt has retained with the policies it is pursuing. the decision to go to day you are the political expert , to go into michigan that frustrates the president they just sold a123
%-the rules that work in busine or real life to not play out innashington. neil: if harry reid did that put thsame? he could not do it. you are a big on being the cent but not acting like a child? >> cility is the key. you're not successful unless you have maintained relationship and respect for adversars. they sm intent to demonize and not communicate but speak at the through them. it does not fly. >> when the public rips each other art little is done privately. >>a good point* if th demonize one another how do fo the connection? >> they used to hang out and have a relationship beyond media or discussions but that seems to be not the crisis -- not the case and is more isolated. neil: see remove people om their ownemons to not aggravate the other side? what republicans do to win nine democrats and vice versa? >> get over they don' deal with the facts. step number one is a own the reality. dot age about the solution but at least that we have a problem and the scope is enormous and getting worse. by discountinghat you have no where to build from. everyone tries take credit but there
a deal and push the country into another recession or a short-term recession? >> harry reid, the majority leader, would say very unlikely we would have a deal by christmas, ostensibly we are running out of days on the calendar. if that is the case and he quibbles that the republicans have not come up with specifics, are you against running to the clinton rates or are you okay where that if it avoids the hoops of looking for like revenue? >>guest: i am in favor of anything that gets an agreement. it seems to me, why are we focusing on that narrow part of this entire scenario? why aren't we will giving equal weight in the media and our debates on entitlements. we know what the elephant in the room is. they are not the ones at the table, right now, right now it is the president, speaker boehner, and perhaps mcconnell and perhaps pelosi but right now --. >>neil: the best-case-scenario we hear, senator, is republicans agree to hike the taxes depending on the details with a promise they will address spending next year. republicans argue they have been that way before. >>guest: i have bench fron
now harry reid is saying, you know, the idea of getting anything done before christmas, not looking good. camping out here christmas day? looking good. after this. ♪ hey, it's me, progresse insurance. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. yeah, i'm kind of a big deal. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolic 731, 732... you want my number, don't you? call 1-800-progressive right now. or visit progressive.com for an extra $50 online savings. thirsty? 'cause i got a six-pack right here. oh, yeah... [voice shaking] you don't even have to wait for your policy to expire to switch. oh, svetlana, that's so good! and, with every policy, you get greaservice. a-down thehizz-atch. [slurp!] so call me today. you'll be glad you did. cannonbox! [splash!]
effective at the heritage foundation, the tea party and others do not want a deal. neil: worked under harry reid. >> well, no, no, filibustered -- neil: no mystery leaving the body led by democrats. >> if you're jim demint, you hold fellow republicans accountable. striking a deal. neil: good point. i don't agree with why it's happening, but republicans, by boehner now, tang key committees, and the make you now seems to be repudiating the very folks who got you to be speaker of the house. i don't think it's a good trend. >> we are not envying john boehner's current position at the time. it's a difficult position to be in. neil: i envy his office, huge office, huge desk. i envy it. >> demanding prowess. neil: that's a cheap shot. >> that's why he's losing neil. neil: exactly right. >> always going to win, and obama, to his credit, is more consistent on the issue. neil: i will say this that barack obama has been more consistent on that, you're right. i will say this, republicans lost the election, but i didn't realize they lost their backbone. that's neither here nor there. guys, thank you. t
, lines of communications are open. also talking to senate majority leader harry reid today as well. everybody is talking but we don't have a deal yet. tracy: is anybody talking about spending or entitlements, peter? >> they're making it pretty clear. one statement we got from speaker john boehner's office today was that the republicans continue to wait for the president to make specific proposals for cutting spending.3 that is what they want. tracy: we don't sound any closer to me, but again i am skeptical. down in d.c. >> great, thanks. traay: the president is going to @ompromise as peter just said. what are republicans willing to compromise on. we have got to ask mike lee of utah. i am sorry i am so skeptical. 58% of americans don't think we will reach a deal. where do you feel about this right now? >> it is difficult to predict at this point. i don't think anybody wan wantso go off a cliff except the president. he might not only allow it to go there, but perhaps push us off has manifested last week by the decision to drop kick john boehner's offer. the tentative proposal before
should be, mr. harry reid, where even this engagement? tracy: it is a great question. before we go, have asked about the 250,000-dollar complementary on behalf of the resident of new jersey's state, it is really tough. >> it is tough. new jersey is one of the most affluent states and expenses state to be in. but it begs the question that it is not a revenue issue, it is a spending issue. tracy: i really hope that something happens with us. and that 250,000 is not offered lots of our families are going to get question. cumbersome, and it didn't time. >> i appreciate it. tracy: still to come, beating the street with your investment. up next, house leaders warning their members that they may have to stay in washington through christmas. lou dobbs is in the house coming up next and he will give us his opinions. it's a new day. if you're a man with low testosterone, yoshould know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct cont
chatter. the president speaks to senate democratic leader harry reid, we have learned. meeting yesterday at the white house with a speaker banner an in a speech in detroia couple of hours go the president extended little olive branch to the republicans. >> i have said i would work with republicans on a plan for economic growth, job creation and reducing our deficits. and some compromise between democrats and republicans, i understand people have a lot of different views, i'm willing to compromise a little bit. >> i spoke to an aide to one top republican leader who was a little bit upset by the comment the president would be willing to compromise a little bit. the white house did not disclose any details of the meeting with the president and the speaker yesterday only confirmed that communications remain open. tim john boehner remaining discussions are in place. david: the president said some things about a year ago that sounded like a perfect compromise. let me get your reaction. this was about a year ago. >> what they said was give us 1.2 trillion in additional revenues. which could be
of the united states and harry reid, but i expect republicans to uphold their pledge and 238 said don't raise taxes. i figure that's where they are headed. >> 16 republican congressmen can hold up the speaker ship of congressman boehner. is there a growing move men in the republican congress? >> the speaker may have miscalculated here thinking it is just going to be a few of us concerned about t but it's clear he made a threat to the rest of the conference. and people aren't taking that very well. i've heard from people high up in the ranks who are saying, look, this is not the right way to run a conference. i think this is going to backfire on speaker boehner. and people who run a conference like this have to be very careful. >> all right. gentlemen, both of you thank you. we will continue to watch the story and we will reach out to the leadership and see if they will come on and answer questions about this. coming up, time for media mash and it must be magic because we've imagined to find more absurd examples of media bias every week. that's next. ♪ but the fire is so delightful ♪ nothi
a letter to the majority leader harry reid saying we shouldn't have a negotiation of a treaty during a lame duck session of congress. i disagree with our move here. you had a treaty that was negotiated by my former boss, george w. bush. you had robert dole out there. i think the republicans are upset about diming but again disabilities. most of the major countries around the world have signed this. it should have been done. >> goldie, you in your very being would embody some problems that the republican party has. you're an intelligent woman of color. >> sure. >> what does the republican party have to do to make people like you feel it has something to say to to you? >> you know, i live in the american south and that's ground zero for this modern day gop. what i hear on the ground and i have worked both sides of the aisle. i have been open about that, people know it. >> sure. >> i think there is a policy issue, a set of policy issues, but there's also to a greater extent a messaging issue, and then, you know, in terms of just sheer infrastructure, obama for america put together a technologi
sides will come together. we're told he had a phone call today with the senate majority leader harry reid but no more phone calls or visits from speaker boehner. it's still on hold whether they'll move forward on a deal. >> shepard: looks like speaker boehner is getting pressure from the moderates in the party and certainly from the right. >> reporter: no doubt about it. bob corker from tennessee was on "fox news sunday" yesterday. he gave fo voice to something you're hearing from an increasing number of republicans right now which is maybe they should give in on raising taxes on the rich in order to fight it out and try to get more leverage in terms of spending cuts. take a listen. >> once you give him the rate on the top 2%, it's actually a much lesser tax increase than what's he's been talking about. the focus then shifts to entitlements. >> reporter: now, the key, though, as we've all been talking about this end of the year deadline, december 31st, but in fact, when you talk to leaders in both parties, they realize the real deadline is probably the end of this week in terms of at
of them have written a letter to majority leader harry reid and said please, delay the imposition of this tax. on january 1, medical device tax takes effect. 2.3% on all medical devices. this means granny's hip is now going to cost a lot more come january 1. elbow joint, all that stuff, all medical devices go up in price. and the medical device makers are saying, we're going to lay people off. the democrats don't like this. they've read it. they don't like it. they want a delay and the imposition of the tag. >> steve: it will be interesting if the 17 democrat senators joined all the republican senators, they could get something done if harry reid would ever bring it up. what's interesting is if they say, okay. let's get rid of that medical device tax. the money will have to come from interelse. >> that medical device tax is designed to bring in $29 billion over ten years. >> steve: where is that going to come from then? >> what are you going to do? you need another source of income. >> steve: call china! >> can we borrow more? you're already going to raise the medicare tax to help
endingle who was defeated by harry reid in 2010. as forde mint's replacement colbert said the choice is clear. >> let's see you want somebody young. somebody conservative. somebody from south carolina. maybe somebody who has a super p.a.c. >> reporter: now the governor has not indicated whether she favors colbert or anyone else. she may not make her decision for another month or so. but if by some small chance he's not selected norah and charlie he could still run for the seat outright when both of south carolina senate seats are up for grabs in 2014. >> all right, nancy cordes. i won't hold my breath on that one. from stephen colbert to justin bieber. he says winning a grammy award is one of his goals but it won't happen this year. he didn't get a single nomination and he's not happy about it. we'll show you what's next. >> this portion of cbs "this morning" is sponsored by party city. dress up your holiday party. party city nobody has more party for less. ,,,, >>> this is a cbs 5 eyewitness news morning update. >>> good morning everyone. it's 7:56 i'm michelle griego. a man who fel
senate majority leader harry reid. both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rates on households earning more than $250,000. if and only if that leads to benefit cuts in health care entitlements like medicare and medicaid. >> give the president the 2% increase that he's talking about, the right increase on the top 2%, and all of a sudden, the shift goes back to entitlements. >> but house republicans, the key to any fiscal cliff deals remains suspicious. >> the president wants the rates to go up, that doesn't solve the problem. we don't want to be back here in another year, in another ten years answering the same questions. >> reporter: the republican co-chairman of the deficit reduction commission said higher tax rates are inevitable. >> if anybody out there who's, quote, rich doesn't think their taxes go up, the drinks are on me. i'll cover it. >> reporter: mr. obama and house democrats are open to making wealthier taxpayers pay more in medicare
to get a deal to avoid the fiscal cliff. senate majority leader harry reid just took the floor. he tried to get a vote on the fiscal cliff deal at 1:30, but minority leader mitch mcconnell, republican objected to that proposal saying i matter of such importance, 60 vote threshold, majority was born to do. now it will not happen, no vote today on the debt ceiling, fiscal cliff proposal to basically the breaking news is we're back where we started. melissa: what is the hottest stock on wall street these days. trading under. the bidding war for my favorite bank analyst. i love dick bove. speaker he is in purgatory. a billion dollars unauthorized trade was described as a rogue trader. presumption of innocence, he was arrested earlier in the week. take the firm, the firm has been closed down since then. dick bove has been in purgatory. sources are telling us bove reseed essentially 17 offers to join him, he is now down to five, he has contracted form in five firms. he believes he'll be making the decision on which of these five firms he will go to in the coming days. he says he is close to a
as an opportunistic -- stuart: he's not the only one. mayor bloomberg and governor cuomo said the same thing. harry reid said this. i take your point, but go. >> we can sit here and debate this. we don't have conclusive evidence either way. but the bottom line is he wants the government to come in and say we're going to harm small businesses here, we're going to impose the taxes, overregulate, do all the things that hurt these businesses and inhibit their ability to function and grow when we don't have conclusive evidence. that's the problem. stuart: but it's very attractive to a politician, a carbon tax, because it brings in a gusher of money. you tax companies. you tax utilities for the amount of co2s hat they put out in the atmosphere, you tax them on that basis, and you bring what, 100, 120 billion dollars a year? sandra: once they start seeing that money, they are going to want more. it could lead to an ugly future of very high taxes and could stif business -- and it could stifle business. >> i don't think he will get support for this. i don't think the public has appetite for it. stuart: i'm
boehner has enough votes to have enough people vote for it. dagen: we have heard from senator harry reid once again. if the democrats do not get the tax increase on wealthy americans that he is willing to go over the cliff, the end of the year. we are awfully close. >> remember that congress always has the ability to set a new set of tax rates. even if we went through december 31 and these rates went away and everybody's taxes increased, honestly, some more than others, we could, as a congress, go back and try to do pieces of that to try to bring some of those rates down for some people. i think that is what my republican colleagues are really the most afraid of. once you lose those tax cuts, at the end of the year, it will be hard to bring back those tax cuts. the tax cuts that would come back would be mostly for the lower and real income people. the biggest leverage that the republicans have right now is this december 31 date. they are quickly running out of time. dagen: would you be comfortable with it. you raise tax rates on the wealthy. just not back to the clinton era level. you gr
at least part of it. 17 democrats and incoming senator elect elizabeth warren sending a letter to harry reid they want to delay the implementation of the tax on medical devices. kirsten powers is here, ladies and gentlemen, what do you think of this. >> you're not going to make me defend this. stuart: defend what, the medical device tax or the senate? >> i think this is kind of the outrageous behavior on parts of the democrats. they should have known this was in the bill, right theoretically? >> i thought you'd shifted a little bit to the right. >> i've always been this way i've always been fair and look, i think that, i don't think they should be allowed to do this. if you're going to vote for obamacare and it does have taxes that are attached to it, part of the deal, you can't carve it out to protect your constituents. stuart: especially three weeks before. >> comes up at the election. stuart: it's a powerful group, 17 senate democrats that's a big churni chunk of the democrats-- >> won't be surprised if they get their way. you can't determine taxes and carve out for your powerful con
came to los angeles mayor. nevada senator harry reid and others on the other using the fiscal cliff talks to push through an online gambling bill. but to want language for online gambling while eliminating others. they have long wanted federal system for online poker anyway. and have you seen this? the california federation of teachers created tax the rich. it shows a wealthy person urinating on lower income americans. the rich collect wealth through tax loopholes and tax evasion. nice stuff. that is your "west coast minute." a quarter until it's never 50 minutes, you're watching oxford industries. nicole: very interesting. this is under the oxford umbrella, but they gave an outlook it is somewhat below the expectations for this is why the stock is down nearly 10% today. that is a really big move for oxford industries. third-quarter earnings climbed 85% but again so much of it is about the guidance. look at the major market averages. the nasdaq composite improving throughout the day today, down just one quarter of 1% now while the dow has exploded to the upside. back to you. dennis:
. >> harry reid has invited director steven spielberg to do a screening of his new movie "lincoln" right there on the senate floor. that's great idea, don't you think? we've got huge unemployment, in the middle much a war, about to go off the fiscal cliff. this guy is going, let's show a movie at work! that will be fun. no wonder they can't get anything done. >> gretchen: that's funny. i guess the only inspiration would be that maybe it would be inspiration to actually get something done because if you see the movie, you see that president lincoln got something done. >> steve: of course, that's in the senate. a u.s. senator is weighing in on the new movie that comes out in december, called "zero dark 30", all about the operation that got bin laden. what's interesting, though, and we haven't seen the movie yet, but apparently, according to people who have seen the movie, about the first 15 minutes involves a water boarding of the courier by operatives and, of course, the water boarding by the curier led to mr. bin laden and his compound. but there is a problem there. that is the fact that
. we're in the u.s. senate. the senate hasn't passed a budget in three, four years. harry reid isn't even at the table and they're having these discussions. but he has a veto for anything that happens. a secret veto. but he's not in the room. the senate got elected, got itself re-elected by not having any votes over the last couple of years. i think if we had c-span, and cnbc cameras in the negotiations, then people could see what the republicans are doing, and the democrats are doing. let's remember what the president's budget is. i bet many of your viewers are unaware, because the establishment press hasn't covered what he's done. he saves a trillion dollars by not occupying iraq and afghanistan for the next ten years. okay. i could save a lot of money by not continuing the war of 1812. but a trillion dollars of the spending cuts are completely phony, because they're from something we already stopped doing. there's another trillion dollars that was agreed to and is in law from the budget control act. he wants to sell you that horse again. he wants to add another savings like that
Search Results 0 to 43 of about 44 (some duplicates have been removed)